Saturday 20 February 2010 “May you live in interesting times,” Chinese proverb. Anyone who trades futures lives in interesting times every day. There is nothing that has not already been seen in the...
Read MoreFriday 19 february 2010 Starting with the weekly chart, it is apparent that we are seeing higher lows since the decline from 1663 to the December lows of 2008. We do not favor the use of trendlines, only because they...
Read MoreWednesday 17 February 2010 You can see from the chart how small was today’s trading range. Volume was not all that great, either. Price is at/near resistance. [Support or resistance should be...
Read MoreTuesday 16 February 2010 Two trading days ago, S&P was 30 points lower. This was quite a rally following a 107 point drop. Today’s rally was more of a lack of supply [selling], than from demand,...
Read MoreMonday 15 February 2010 Most everyone places their focus on price activity, but few take time into consideration. W D Gann put time ahead of price when considering the two factors. When time and price...
Read MoreWednesday 10 February 2010 The singlemost important information one can have about a market, and we repeat it often for a reason, is knowledge of the trend in which one is trading, as well as an awareness of the...
Read MoreMonday 8 February 2010 We have been noticing the smaller weekly ranges in the grain markets, of late. We interpret the smallness of the ranges as a possible sign that the downside is either limited or done. ...
Read MoreSaturday 6 February 2010 An unusual day, Friday. So many futures were deep in the red, while the fiat Federal Reserve “Dollar” rallied to new recent highs. Imaginary money outperforming real...
Read MoreFriday 5 February 2010 Throughout the rally from the last July correction, we maintained that demand was relatively weak, but however weak, there was NO supply in the market to stop the upward move. People can...
Read MoreMonday 1 February 2010 Oh, how quickly things change! The last two weeks wiped out efforts from the last three months. This is what can happen when supply enters a market “dominated” by weak...
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